Savills News

Savills places Chinese multinational Aosheng at Panattoni Park in Valongo

This state-of-the-art logistics park has a BREEAM Very Good certification, a prime location, and a set of features that meet the latest industry standards

The Industry & Logistics Department at Savills was responsible for securing the Chinese multinational company Aosheng’s relocation to its new facilities, spanning approximately 12,000 sq m, at Panattoni Park – Valongo Logistics Platform. Savills acted on behalf of Panattoni Iberia, the owner of this prime logistics asset.

This state-of-the-art logistics park, which can accommodate up to 75,000 sq m of logistics platforms(distributed in 2 warehouses) features a BREEAM Very Good certification and a prime location with direct access to A41, just 2 km from A4 and only 25 minutes from downtown Porto. It also features a set of characteristics that meet the latest industry standards. The logistics park is 50% leased, with more units available.

Aosheng, one of the world’s largest manufacturers of components for the wind energy sector, will establish a carbon fiber component manufacturing plant for wind turbine blades at Panattoni Park.

Isabel Rocha, Associate at Savills, states: “Panattoni Park Valongo is a premium logistics platform designed to meet the most demanding industry requirements. It has been a privilege to participate in the leasing of Aosheng’s first facilities in Portugal, strengthening the role Savills has been playing in this sector. We are delighted to see that the northern region of the country continues to attract large companies, reflecting the commitment to the development of sustainable, high-quality projects.”

Gustavo Cardozo Managing Director & Partner da Panattoni Iberia, states: "This agreement reinforces our commitment to the development of cutting-edge logistics infrastructure in Portugal. “Panattoni Park Porto Valongo” has been designed with the present and future needs of our clients in mind, so we are convinced that it will provide Aosheng with a strategic base to enhance its growth and development in the country.”

Johnny Xu, CEO of Aosheng, states that “It is first time for Aosheng to step our footprint outside China. We believe our selection on Panattoni Valongo for the development of Aosheng’s first oversea production unit will fulfill our outlook of shortening the lead time for our customers in Europe, bringing ourselves closer to them and impoving our general competitiveness in wind power market”

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